Postcode district

NR31

237 for-sale listings11 to-let listingsWarm market

Median asking price

£240K

Across 237 for-sale listings

Growth, 3 years

-2.6%

A year, annualised

Gross yield

4.9%

Indicative, from listing medians

Days on market

76

Average time on market

Investment overview

Median asking price

£240K

Average £264K, range £20K to £1.3M

Gross yield

4.9%

Moderate

Indicative gross yield from listing medians

Price growth

3 yr-2.6%
5 yr+1.5%
10 yr+3.5%

% a year, annualised over each horizon

Market heat

Warm

76 days average time on market

Median asking rent

£975/mo

Of 11 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

248

For sale and to let. Excludes 3 that are not homes or not monthly rents

Median asking price

£240K

Asking price range

£20K to £1.3M

Homes analysed

24,713

Behind the growth and area averages

For-sale listings equal 1.0% of the homes analysed.

Strategy fit

Buy to let

Moderate

Gross yield

4.9%

  • Moderate indicative gross yield of 4.9%
  • Median asking rent £975 a month

HMO

Moderate

Median asking price

£240K

  • Moderate entry price (£240K)
  • 16% of households rent privately
  • Most listings are terraced

Flip

Weak

Growth, 3 years

-2.6% a year

  • Prices moving -2.6% a year over 3 years raises resale risk
  • 76 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 237 in NR31.